U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER
000-24623
CUSIP NUMBER
64446R108
(Check One:):
[ ] FORM 10-K and FORM 10-KSB
[ ] FORM 11-K
[ ] FORM 20-F
[X] FORM 10-Q and FORM 10-QSB
[ ] FORM N-SAR
For Period Ended: March 31, 2000
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Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.
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If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates:
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Part I - Registrant Information
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Full Name of Registrant
Former Name if Applicable
NEW GENERATION PLASTIC, INC.
245 PARK AVENUE, 39TH FLOOR
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Address of Principal Executive Office (street and number)
NEW YORK, NY 10167
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City, State and Zip Code
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Part II - Rules 12b-25 (b) and (c)
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If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check Box if appropriate)
(a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
(b) The subject annual report, semi-annual report, transition report on
Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof will be filed on or
before the fifteenth calendar day following the prescribed due date; or the
subject quarterly report or transition report on Form 10-Q, or portion thereof
will be filed on or before the fifth calendar day following the prescribed due
date; and
(c) the accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
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Part III - Narrative
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State below in reasonable detail the reasons why the Form 10-K and Form
10-KSB, 11-K, 20-F, 10-Q and Form 10-QSB, N-SAR, or the transition report or
portion thereof could not be filed within the prescribed time period.
In connection with its new Internet business strategy the registrant
recently hired a new chief financial officer. As a result, the
registrant and its independent accountants have not completed their
review of the filing.
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PART IV - OTHER INFORMATION
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(1) Name and telephone number of person to contact in regard to this
notification
Thomas R. Marshall 516-671-2716
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(Name) (Telephone Number)
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(2) have all other periodic reports required under Section 13 or 15(d)
of the Securities Exchange Act of 1934 or Section 30 of the Investment Company
Act of 1940 during the preceding 12 months or for such shorted period that the
registrant was required to file such report(s) been filed? If the answer is no,
identify report(s).
[X] Yes [ ] No
(3) Is it anticipated that any significant change in results of
operations from the corresponding period for the last fiscal year will be
reflected by the earnings statements to be included in the subject report or
portion thereof?
[ ] Yes [X] No
If so: attach an explanation of the anticipated change, both
narratively and quantitatively, and, if appropriate, state the reasons why a
reasonable estimate of the results can not be made.
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New Generation Plastic, Inc. has caused this notification to be signed
on its behalf by the undersigned thereunto duly authorized.
NEW GENERATION PLASTIC, INC.
Date May 15, 2000 By: /s/ Paul Hokfelt
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Paul Hokfelt
Chief Executive Officer
